MINNETONKA SDA CHURCH & MCA CONSTITUENCY MEETING Adventist Minnetonka - Vision for the Future
1 - Given that... A small enrollment can not pay for current 40,000 square foot facility During the school year, the AAA program paid 50% of the operational costs MWA is not paying any facility costs In , the charter school’s lease pays 50% of the facility costs Rent for 50% of the facility space used to supplement MCA’s academic program costs
2 - Given that... The charter school [the current lessee] has requested more classrooms for their growing enrollment in It is expected that they will probably not continue beyond their three year lease unless they leased 100% of the facility The charter school will not be permitted to pay market lease rates
Recommend that the Church... Consider the current MCA facilities a endowment Utilize the income stream to provide funding for MCA facilities and program Develop plans for a smaller school facility that could also be used as additional shared space
Recommend that the Church... Develop an updated master plan for the church and school property Develop a fund raising plan for the new sanctuary phase Report to the Spring Church Business Session the results of its work and recommendations for – Construction, financing and interim facility arrangements for a new school building phase Fund raising, construction, & financing plan for the sanctuary phase
Enabling Resolution-Motion Carried Whereas the GB and SOC have recommended that the offer by the MN Autism Center be pursued and the Nasha Shkola lease terminated in a synchronized fashion; therefore: The Rental Committee is authorized to negotiate the termination of the Nasha Shkola lease the final terms of the MN Autism Center as outlined to the Constituency; and The Minnetonka SDA Church Governing Board is delegated the authority to approve the final terms of such agreements; and That the Minnesota Conference be asked to further authorize and execute such agreements as approved by the Governing Board.